Is Your Cannabis Cultivation Spending Too Much on Energy?

Did you know energy expenses typically make up between 20%-50% of total operating costs for a cannabis grow? Did you also know that there are a number of improvements and steps you can make throughout your cultivation facility to reduce your overall energy costs?  It makes sense, but do you have the time and energy to figure out where the power-wasting points are within your cannabis grow? Or, do you have the expertise and connections to negotiate with power companies to ensure you’re getting the best possible rates?

Thankfully, the power gurus at Preferred Energy, a full-service energy management company, are charged and ready to ensure you’re getting the most efficient usage out of your energy spend. Their Energy Expert Advisors negotiate on your behalf with electricity suppliers to maximize your savings. It’s important for cultivation owners to understand all their options when it comes to electric rates and plans, especially those in deregulated markets. Preferred Energy hunts down competitive pricing for your grow with multiple suppliers in all deregulated markets.

When you’re searching for an energy deal, it might seem that going for the cheapest rate available makes the most sense. However, that’s not always the case. Instead, Preferred Energy puts in the work and finds the one that is best suited to your individual business, its needs and its growth plan. The team takes into consideration the size of your company, your energy usage and your current tariff when drawing comparisons. They then provide you only with the relevant information to help you make an informed decision.

The Preferred Energy team then works with you to create a custom-tailored comprehensive energy procurement strategy tailored to both your short-term and long-term needs. They analyze the data to help reduce energy costs from your bottom line. Plus, they keep a constant eye on your energy market to protect you against any changes headed your way that could impact your cannabis business.

If the plan suggests or you’re looking at switching to a renewable energy source such as solar, it could feel overwhelming. Not to worry. Preferred Energy’s team of experts explores the options and finds the right solution for you. What’s more, they know the ins and outs of commercial solar incentives, financing and grants associated with renewable energy, so you won’t miss out on any of the savings associated with those programs.

That’s not all Preferred Energy does to help you save on energy expenses. The team also reviews your entire growing facility to help you replace outdated, dollar-burning equipment and align you with green, reusable energy options. In addition to saving you cash, this can also help you not only brand your company as a green, energy-conscious steward of our planet, but truly become one.

If you’d like to learn more about how Preferred Energy can help your cannabis business save cash while also reducing its carbon footprint, click here.